SEC Form 4 · accession 0001127602-15-005004
TWIN DISC INC · TWIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Batten
Director
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 3:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100378
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2015 | G | 428,970 | $0.00 | D | 2,942 | D | |
| Common StockF1 | Feb 5, 2015 | G | 428,970 | $0.00 | A | 428,970 | I | Grantor of trust |
| Common StockF3 | Feb 5, 2015 | J | 556,430 | $0.00 | D | 45,440 | I | As Trustee |
| Common StockF4 | holding | — | — | — | 10,400 | I | Beneficial Ownership | |
| Common Stock | holding | — | — | — | 1,065 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects change in the form of beneficial ownership resulting from the transfer of directly-owned shares to grantor trust for which reporting person's son John H. Batten serves as trustee with investment control.
- F2Reflects reporting person's resignation as trustee from various family trusts with immediate family members as beneficiaries.
- F3Reflects shares held in family trust for the benefit of Louise Vernet Batten, an immediate family member.
- F4Shares owned by grantor trust of spouse, Gloria S. Batten.